GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Raasi Refractories Ltd (BOM:502271) » Definitions » Effective Interest Rate on Debt %

Raasi Refractories (BOM:502271) Effective Interest Rate on Debt % : 8.07% (As of Dec. 2023)


View and export this data going back to 2001. Start your Free Trial

What is Raasi Refractories Effective Interest Rate on Debt %?

Effective Interest Rate on Debt % is the usage rate that a borrower actually pays on a debt. It is calculated as the positive value of Interest Expense divided by its average total debt. Total debt equals to Long-Term Debt & Capital Lease Obligation plus Short-Term Debt & Capital Lease Obligation. Raasi Refractories's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was ₹23.7 Mil. Raasi Refractories's average total debt for the quarter that ended in Dec. 2023 was ₹293.7 Mil. Therefore, Raasi Refractories's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 8.07%.


Raasi Refractories Effective Interest Rate on Debt % Historical Data

The historical data trend for Raasi Refractories's Effective Interest Rate on Debt % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Raasi Refractories Effective Interest Rate on Debt % Chart

Raasi Refractories Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.09 4.14 5.04 5.42 5.04

Raasi Refractories Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Effective Interest Rate on Debt % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.92 3.55 9.33 8.27 8.07

Competitive Comparison of Raasi Refractories's Effective Interest Rate on Debt %

For the Building Materials subindustry, Raasi Refractories's Effective Interest Rate on Debt %, along with its competitors' market caps and Effective Interest Rate on Debt % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Raasi Refractories's Effective Interest Rate on Debt % Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Raasi Refractories's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Raasi Refractories's Effective Interest Rate on Debt % falls into.



Raasi Refractories Effective Interest Rate on Debt % Calculation

Raasi Refractories's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Mar. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Mar. 2022 )+Total Debt  (A: Mar. 2023 ))/ count )
=-1  *  -18.296/( (456.253+269.739)/ 2 )
=-1  *  -18.296/362.996
=5.04 %

where

Total Debt  (A: Mar. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=271.044 + 185.209
=456.253

Total Debt  (A: Mar. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=116.083 + 153.656
=269.739

Raasi Refractories's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Sep. 2023 )+Total Debt  (Q: Dec. 2023 ))/ count )
=-1  *  -23.704/( (293.704+0)/ 1 )
=-1  *  -23.704/293.704
=8.07 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=135.27 + 158.434
=293.704

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Effective Interest Rate on Debt %, the Interest Expense of the last fiscal year and the average total debt over the fiscal year are used. In calculating the quarterly data, the Interest Expense data used here is four times the quarterly (Dec. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Raasi Refractories  (BOM:502271) Effective Interest Rate on Debt % Explanation

Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.


Raasi Refractories Effective Interest Rate on Debt % Related Terms

Thank you for viewing the detailed overview of Raasi Refractories's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.


Raasi Refractories (BOM:502271) Business Description

Traded in Other Exchanges
N/A
Address
House No. 15-145/9, Kodandaram Nagar, Saroor Nagar, Near Sarada Talkies, Hyderabad, TG, IND, 500060
Raasi Refractories Ltd is engaged in the manufacture of refractory products in India. The company offers Standard as well as Special refractories products which include basic refractories such as magnesite, alumina spinel bricks, fire clay and high alumina, cold and hot face insulation bricks, ramming, stopper heads, and much more.

Raasi Refractories (BOM:502271) Headlines

No Headlines